Statemv Backstop News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GENTING Hong Kong Ltd (Genting HK) is involved in a legal tussle with the German government. It isn’t about a casino licence in Deutschland but a shipyard in Germany’s northeast state of Mecklenburg-Vorpommern an investment that Tan Sri Lim Kok Thay made in 2015. The rationale for the US$35 million-plus investment was to have a vertical integration, meaning owning a shipyard that could build cruise ships for Genting HK’s cruise operations. ....

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